The boxboard operating rate in Q2 2024 was 88.5%, up 2.5 points from the same quarter last year and up 0.7 points year-to-date.

The American Forest & Paper Association (AF&PA) released its Q1 2024 Boxboard report. According to the report, total boxboard production in Q1 decreased 2% compared to Q1 2023.

The boxboard operating rate in Q2 2024 was 88.5%, up 2.5 points from the same quarter last year and up 0.7 points year-to-date.

- Solid Bl. Folding — Domestic production increased 13% compared to Q2 2023.
- Solid Bleached Boxboard unmade orders were up 29% compared to the end of the previous quarter and increased 35% compared to June 2023.
- Uncoated Recycled Boxboard production increased 3% compared to Q2 2023, and was up 2% when compared to the same 6 months of 2023.

About AF&PA
The American Forest & Paper Association (AF&PA) serves to advance U.S. paper and wood products manufacturers through fact-based public policy and marketplace advocacy. The forest products industry is circular by nature. AF&PA member companies make essential products from renewable and recycle resources, generate renewable bioenergy and are committed to continuous improvement through the industry's sustainability initiative — Better Practices, Better Planet 2030: Sustainable Products for a Sustainable Future.

The forest products industry accounts for approximately 5% of the total U.S. manufacturing GDP, manufactures about $350 billion in products annually and employs about 925,000 people. The industry meets a payroll of about $65 billion annually and is among the top 10 manufacturing sector employers in 43 states.

SOURCE: AF&PA